UK Lighting company owes more than £35,000 after collapsing

Design Lighting Solutions Limited, which had a registered office in Swindon's Haydon End, had a liquidator appointed on July 31 after accumulating debts of more than £35,000, with just £9,635 in estimated assets.

The company operated branches in Bristol, Newport, and Cheltenham.

Documents filed with Companies House confirmed the firm’s entry into liquidation under the Insolvency Act 1986.

Gary Clarke, the company director, signed the formal statement of affairs on July 14, 2026, confirming the figures were accurate.

For £6 get 6 months of UNLIMITED access to the Swindon Adver - £1 a month.

📱 Ad-free app
📰 Digital edition of the paper
🧩 Online puzzles
🎁 Reader Rewards with hundreds of deals and discounts

Save on an annual subscription and pay £26

Subscribe👉https://t.co/TRcoVgUC3b pic.twitter.com/ujSt2dLFWa

— Swindon Advertiser (@swindonadver) July 21, 2026

The asset schedule shows no fixed or floating charge assets. Motor vehicles were valued at £3,679, though their realisable value remains uncertain.

Book debts totalled £8,448 but were only expected to realise £4,224.

Funds held in clients’ accounts amounted to £5,411, bringing the total assets available to creditors to £9,635.

Liabilities significantly outweighed assets, with unsecured non-preferential claims totalling £35,653.

Trade and expense creditors were owed £2,301, banks £12,492, and HM Revenue & Customs was owed £20,860 in corporation tax.

The resulting deficiency to creditors stands at £26,018, rising to £26,118 when shareholders are included.

A creditors’ list named HMRC, LHA Accountancy in Swindon, National Westminster Bank, and Sky as the four creditors.

Altogether, they are owed £35,653.

The shareholder schedule shows that Mr Clarke was the sole shareholder, holding 100 fully paid £1 shares.

With the company now insolvent, those shares are rendered worthless upon completion of the liquidation.

Design Lighting Solutions employed a team of five LIA-qualified lighting designers split between its Bristol and Cheltenham branches.

The company website stated: "We offer New Build Design and Existing modifications, including general and emergency Lighting requirements.

"We provide energy saving solutions with the latest lighting technology, energy saving payback calculations and details on funding options available."

The firm provided solutions for a wide range of sectors, including commercial, industrial, retail and residential lighting, as well as lighting for hazardous areas, schools and colleges, and residential care homes.

The liquidator will now be tasked with realising the remaining assets and distributing funds to creditors.

Any outstanding liabilities that cannot be covered by the limited assets will remain unpaid following the closure of the business.

Insolvency notices have been published on The London Gazette website.